上市公司非理性融资的危害及治理  

作　　者：陈丽萍[1] 郭玲[1] 

机构地区：[1]哈尔滨商业大学会计学院,黑龙江哈尔滨150028

出　　处：《黑龙江对外经贸》2009年第2期95-96,共2页Heilongjiang Foreign Economic Relations and Trade

摘　　要：在上市公司积极进行融资的热潮中,非理性融资的不利后果容易被忽视。针对巨额资金闲置降低资金使用效率,资本盲目扩张导致盈利能力下降,大规模可转债稀释股东权益,股价下跌影响公司形象等非理性融资的危害,提出优化财务资本结构,健全财务决策机制,完善财务激励约束机制,强化财务监控机制等治理措施。The bad results of irrational financing are often ignored. Huge amount of idle funds reduce the efficiency of the use of funds. Capital blind expansion leads to the decline in profitability. Large- scale convertible bonds dilute shareholders＇ rights. Falling of price affect a company＇s image. The measurements are optimizing financing capital structure,completing financial decision- making mechanism,improving financial incentive and restraint mechanisms and strengthening the financial control mechanism.

关 键 词：非理性融资 财务资本结构 财务机制 

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